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Kenyan lenders fall off list of fastest-growing banks in Africa

Nairobi, Oct. 22 -- Kenyan banks fell off the list of the fastest-growing lenders in Africa, a new ranking by Financial Times (FT) showed, partly due to a stable shilling against the dollar. The FT's... और पढ़ें


CBK hit as property values fall by Sh466m

Nairobi, Oct. 16 -- The Central Bank of Kenya (CBK) risks a loss of Sh466.5 million in its investment properties after an audit valued the assets lower than what the monetary authority paid for them. ... और पढ़ें


SBM Bank profit doubles to Sh591m on increased lending

Nairobi, Oct. 14 -- SBM Bank Kenya is eyeing new capital to sustain growth after doubling its net profit for the nine month period ended September 2026, riding on increased lending and higher transact... और पढ़ें


Former PS overturns move to hide Middle East Bank stake

Nairobi, Oct. 11 -- Former Principal Secretary Esther Koimett has reversed attempts to hide her 18.24 percent stake in Middle East Bank Kenya under a nominee company amid ownership changes in the lend... और पढ़ें


Former PS overturn move to hide Middle East Bank stake

Nairobi, Oct. 11 -- Former Principal Secretary Esther Koimett has reversed attempts to hide her 18.24 percent stake in Middle East Bank Kenya under a nominee company amid ownership changes in the lend... और पढ़ें


How Kenya lost Sh20 billion in credit rating row

Nairobi, Oct. 8 -- Kenya lost Sh19.5 billion after Moody's downgraded its credit to junk status in response to the Gen Z-led anti-budget protests in 2024, an arm of the African Union has revealed. Th... और पढ़ें


Abdi jumps to I&M after early Absa gardening leave release

Nairobi, Oct. 6 -- Absa has cut short the gardening leave for its former CEO Abdi Mohamed, allowing rival lender I&M Bank to hire him as their head earlier than agreed. Mr Mohamed was expected to tak... और पढ़ें


CBK to review business, assets transfers in banks' restructure

Nairobi, Sept. 30 -- The Central Bank of Kenya (CBK) is seeking to oversee transfer of business between subsidiaries in a banking group in a bid to protect investors and depositors. The regulator, in... और पढ़ें


CBK raises number of bank directors, caps chair tenure

Nairobi, Sept. 30 -- The Central Bank of Kenya (CBK) has increased the minimum number of directors in banks and capped the tenure of their chairmen, boosting board independence. In new draft prudenti... और पढ़ें


Nyoro gets Sh32m after Kenya Power 50pc dividend increase

Nairobi, Sept. 21 -- Kiharu Member of Parliament Ndindi Nyoro will pocket Sh32.3 million from Kenya Power after the electricity distributor hiked its dividend payout for the year ended June 2026 by 50... और पढ़ें